Ethereum is showing renewed strength as the market tests key resistance levels following a prolonged period of downward pressure and consolidation. The recent price action suggests that buyers are gradually regaining control, with ETH attempting to build momentum as traders evaluate whether the current move can evolve into a broader recovery. While spot price action…
View More Ethereum Holds Above $2,300 As Open Interest Expansion Reinforces Uptrend Stability
Ethereum is trading below the $3,700 level after days of heightened volatility and mounting uncertainty. The recent price action reflects a clear struggle by bulls to defend key demand zones, as bearish momentum continues to dominate short-term trends. Despite multiple rebound attempts, Ethereum has been unable to reclaim crucial resistance levels, raising concerns of a…
View More Ethereum Bears Dominate Market Orders: -$418.8M Daily Net Taker Volume Signals Trouble
Data shows the Ethereum Open Interest has recently observed a sharp jump to a new all-time high (ATH) of around $16.8 billion. Ethereum Open Interest Has Shot Up Recently In a new Open Interest” here is an indicator that keeps track of the total amount of ETH-related derivatives positions currently open on all centralized exchanges.…
View More Ethereum Open Interest Sets New Record, Analyst Says Fireworks ‘Guaranteed’